The pair Ripple/Tether (XRP/USDT) goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 2.337000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 2.141700000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 2.354300000 |
2nd High | 2.337900000 |
Next High | 2.337000000 |
Current Price | 2.151500000 |
Next Low | 2.141700000 |
2nd Low | 2.140700000 |
3rd Low | 2.109300000 |
2.337000000 – 2.175900000 – 2.180100000 – 2.141700000 – 2.140700000 – 2.109300000
Trading Signals: FOREX – XRP – XRP/USDT – USDT – Northern Doji